Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Dana Holding Corp (NYSE: DAN), PACCAR Inc. (NASD: PCAR), and Kroger Co. (NYSE: KR) will all trade ex-dividend for their respective upcoming dividends. Dana Holding Corp will pay its quarterly dividend of $0.05 on 12/5/14, PACCAR Inc. will pay its quarterly dividend of $0.22 on 12/5/14, and Kroger Co. will pay its quarterly dividend of $0.185 on 12/1/14.
As a percentage of DAN's recent stock price of $20.46, this dividend works out to approximately 0.24%, so look for shares of Dana Holding Corp to trade 0.24% lower — all else being equal — when DAN shares open for trading on 11/12/14. Similarly, investors should look for PCAR to open 0.33% lower in price and for KR to open 0.32% lower, all else being equal.
Below are dividend history charts for DAN, PCAR, and KR, showing historical dividends prior to the most recent ones declared.
Dana Holding Corp (NYSE: DAN):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.98% for Dana Holding Corp, 1.32% for PACCAR Inc., and 1.28% for Kroger Co..
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In Monday trading, Dana Holding Corp shares are currently up about 0.5%, PACCAR Inc. shares are down about 0.1%, and Kroger Co. shares are up about 0.1% on the day.
